BUSINESS RISKS, ECONOMIC RISKS AND ENTREPRENEURIAL RISKS: ECONOMIC ESSENCE AND RELATIONS OF CONCEPTS IN THE THEORY AND LEGISLATION OF UKRAINE

The article reveals the economic essence of the concepts of «business risks», «economic risks», «entrepreneurial risks», based on the relationship of these concepts in the theory and legislation of Ukraine. It is determined that business risks are risks associated with the implementation of economic activities of economic entities, namely the manufacture and sale of products, works, services. It is proved that economic risks arise in the context of economic activities of economic entities. It is established that economic risks include: risks of external influence, risks of internal influence, risks of micro-, meso-, macro-level, permanent, long-term, medium-term, short-term risks, risks that cause insignificant losses, risks that cause significant losses, risks that can be insured, risks that cannot be insured, financial, commercial, investment, innovation, production, currency, interest rate risks, etc. It was found that entrepreneurial risks reflect the level of success or failure of the entity engaged in entrepreneurial activity in comparison with the indicators determined by the strategy of its development and sustainable operation. In the perspective of further research, it is proposed to consider a set of risks that have a negative impact on the functioning of economic entities in accordance with uncertain and unexpected conditions of the external and internal environment.